Terms of Use – Klever Wallet
I. Terms and Key Definitions
II. Services
III. Other Clauses
A. Introduction
Please read these Terms of Use carefully as they govern your use of Klever Wallet.
By clicking on the button "I accept these terms", using Klever Wallet, or by creating or importing a wallet, downloading, or running our mobile application, you acknowledge and agree to these Terms of Use. You assert that you have fully read, understood, and accepted all terms herein.
Klever Wallet is a self-custody blockchain-based service that provides users with control over their own private keys, ensuring utmost security and autonomy. We do not have access to or control over your private keys or funds.
The use of Klever is restricted to people over 18 years old. Some countries may be excluded from the Services due to local legal restrictions.
I. Terms and Key Definitions:
Klever refers to Klever Wallet and any other tools or systems within the Klever Ecosystem.
Holdings or Balance indicates any digital tokens either purchased or transferred into the Klever Wallet.
Digital Assets encompass tokens, digital currencies, and their derivatives.
User is someone who has agreed to these Terms of Use and provided the necessary information for onboarding.
Restricted Locations are regions where Klever prohibits or restricts use for various reasons.
II. Services and Wallet Registration
Klever Wallet Registration and Safety
Using Klever Wallet means taking full responsibility for safeguarding your private keys. We emphasize that the Klever Wallet team, nor any of its systems, can assist with password retrieval because we do not have access to wallet passwords, encrypted or unencrypted private keys, or mnemonic (backup) phrases associated with your Klever Wallet. Losing access to these details could mean losing access to your Digital Assets permanently. Klever Wallet team nor any of Klever systems have the capability to help you with password retrieval since we do not have access to wallet password, encrypted private key, unencrypted private key, or mnemonic (backup) phrase associated with your Klever Wallet. Thus, you accept and acknowledge that any Digital Asset associated with a wallet to which you cannot remember the access will become inaccessible.For the sake of community interests´ you agree to immediately notify us of any unauthorized use of your password, account, or any other breach of security.
Klever Wallet Services
We encrypt and securely store the keys for addresses on your chosen digital device. Digital Assets are stored on their respective blockchains over which we have no control. Thus, transaction confirmations depend on the respective blockchain, not Klever Wallet. You accept and acknowledge that Klever Wallet is not responsible for transfer registration in the respective blockchains nor for errors or omissions that you make in relation to transactions involving your Digital Assets.
Transfer of Funds to and from Klever Wallet
It's essential to ensure you're using the correct blockchain address when transferring Digital Assets. Misdirected transfers could result in permanent loss. Klever Wallet can't modify or cancel a submitted transaction as we don't control the blockchains. Any errors in transactions are the user's responsibility. This transaction may be subject to fees charged by the service provider of your use (external wallet or third part exchange). Klever Wallet has no kind of relationship with these third-party service providers, their fees, and the security of such tools.Therefore, you agree, acknowledge, and declare that you are solely responsible for the management of such funds, their security, and costs of any transfer funds into Klever Wallet.
Fees
No fees are currently charged for the use of Klever Wallet self-custody and browser. However, we reserve the right to do so in the future. For the use of the partner services you should consult and agree with their terms and fees. These fees may be changed and updated at partners discretion at any time being applicable from the effective date indicated in their communication.
Independent Relationship (DYOR)
Klever Wallet does not constitute or act as a trustee, broker, intermediary, agent, advisor, fiduciary agent or, in any manner, intends to be considered as advisor, financial advisor, investment advisor or any sort of advisor. All decisions related to Digital Asset investments are the user's responsibility.You acknowledge and agree that you have conducted your own and independent due diligence and research on the crypto market and that you are fully aware of legal and tax consequences and any other consequence of becoming an investor in the Digital Assets market. Klever does not have control over asset prices; it's important to remember that the cryptocurrency market is inherently volatile.
Communication and Push Notifications
Accepting these terms means agreeing to receive push notifications about Klever Wallet updates, news, and other relevant information.
III. Other Clauses
License
Klever Wallet's intellectual property is owned by Klever, and users are granted a limited, non-exclusive license for personal use.Such license is subject to these Terms of Use and does not permit any resale, distribution, or any use of it other than for their intended purposes.
Language
This document is authoritative in its English version. Any translations are for convenience only.
Modifications
Klever Wallet reserves the right to change these terms at any time. Users will be notified of significant changes.Any changes will become valid upon the date you accept such changes or if you continue to use our services for 21 (twenty-one) days after we provide notice of the changes. You must terminate your use of Klever Wallet in case you do not agree to the amended Terms of Use.
Compliance with Local Laws
You hereby declare, agree, acknowledge, and understand that it is your responsibility to comply with your local law, legislation, and regulations regarding all of their aspects. Also, you declare that you will not, in any form, use Klever Wallet in your country if it is prohibited. Additionally, you declare that your funds have legitimate origins and do not originate from any illegal activities and you also represent and warrant that you are not part of any list of trade or economic embargoes.
Personal Data
No personal data is collected when you decide to use Klever Wallet except for your location.
Disclaimer. Damages. Limitation of Liabilities
You hereby understand and agree that Klever nor our directors, officers, members, employees, agents or contractors will be liable for any damages, losses of profit, losses of data, or any other kind of losses connected or arising from the use or of the inability to use Klever Wallet, regardless the origin or result of such losses, included but not limited to mistakes, omissions, interruptions, deletion of files or email, errors, defects, viruses, delays in operation or transmission, service interruption for scheduled or unscheduled maintenance, other users actions, third-party actions or omissions or any failure of performance, whether or not resulting from a force majeure event, communications failure, theft of, destruction of or unauthorized access to Klever Ecosystem records, programs or services. Additionally, you hereby acknowledge and agree that Klever has no control or liability in relation to any aspect (delivery, quality, safety, legality or other) to the Digital Assets transfer and/or kept by you in the Klever Wallet.
The realm of technology is in constant evolution, and security measures in this domain can swiftly become obsolete. Thus, while the current security of the wallet is resolute, it remains susceptible to change. Despite our dedicated efforts to uphold its integrity, any potential vulnerabilities cannot be imputed to our organization. Furthermore, any resultant losses arising from such eventualities cannot be attributed to our responsibility. All risks related to the generation, use, maintenance of a private key on any blockchain is solely at user's risk and responsibility.
Users of Klever's products or services are solely responsible for ensuring the security of their accounts and the safekeeping of their funds. Klever does not guarantee the security of user accounts, the accuracy of any information provided, or the performance of its products or services. It is your responsibility to use our products and services in a cautious and risk-averse manner. Any loss of funds, data, or other assets, as a result of using Klever's products or services, will not be compensated by Klever, nor will Klever be held accountable for such losses. By choosing to use Klever's products or services, you accept all risks associated therewith.
Third-Party Services.
Klever Wallet may incorporate or provide access to third-party applications and utilities such as decentralized applications via Klever Browser or the purchase or selling of Digital Assets using different partners. Access to some of these functionalities provided by third parties may be restricted due to geographical limitations. Also, the access to such services may be subject to specific terms and conditions. You acknowledge and agree that the use of any of these services are at your own risk since we cannot guarantee, monitor nor control the terms, policies, or performance of any third party, and we are not responsible for any performance, or failure to perform, of any third-party actions or inactions.
Termination and Discontinuance of Services
We may at our entirely discretion modify or discontinue the services provided by Klever Wallet. In such case, your obligations related to your license of use of Klever Wallet will remain. We highlight that your access to your funds will depend on your access to your backup (wallet address and private key). In this sense we declare, and you acknowledge and agree that we shall not be held responsible or liable for any loss of Digital Assets in the event that we discontinue our services.
Dispute Resolution
Any issues should first be raised with the Klever Support at [email protected]
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